Most people who are contemplating the idea of starting a business next year are probably thinking about an enterprise that is closely related to technology. After all, such businesses have a high earning potential and offer many opportunities, which makes them very attractive. However, you need to know that for every successful startup exit, there are dozens, if not hundreds of startups that have failed. The industry is defined by innovation and disruption and the notion of a “good” tech business idea changes constantly. That’s why it’s difficult to predict what kind of business would be most likely to succeed in the long run. However, it is with great certainty that we can claim the following ideas will have great potential in 2022.
Web design
This one won’t go out the style in a foreseeable future, because every business needs a professional-looking and user-friendly website in order to appear reputable and build their brand. Web design includes a wide range of services, such as graphic design, interface design, copywriting, UX design and SEO.
Extended reality
This type of technology includes both augmented reality, a.k.a. AR, and virtual reality, a.k.a. VR, technologies. With an increasing number of businesses applying extended reality to their brands to stand out from the competition and deliver a better customer experience, this field is definitely one to consider.
Robotics
This term encompasses mechanical engineering, electronic engineering, information engineering, computer science and other related disciplines. Basically, the goal of robotics is to create machines that can move and react to sensory input. This industry is expected to continue growing, which makes it very attractive for future entrepreneurs.
Digital marketing
Digital marketing has almost completely replaced traditional marketing and there are many reasons for this. To begin with, people turn to the internet for help when looking for products and services they need. Also, it’s much cheaper than traditional marketing and it allows you to target your audience much more precisely, thus increasing your chances of success. The main task of reputable and successful companies, such as Australian AdVisible, is to make a company visible in the digital world and then turn that visibility into leads and sales, so if you have those skills, this might be a great business idea.
Podcasting
The popularity of podcasts has exploded recently, especially during the lockdown. With more and more people listening to podcasts, experts see podcasting’s prospects further increase in the coming years. Entrepreneurs are likely to start building their podcast content library since an increasing number of people are consuming media on the go. Any entrepreneur or business entity that wants the attention of consumers needs to be in their ears, and podcasts are a great way of achieving this goal.
Streaming
You may think that there is no place for a business dealing with streaming, with Netflix and Disney+ getting most of the attention, but you’d be wrong. There is plenty of opportunities to start a streaming service for more niche content. For example, you can create a streaming service where users can upload tutorials or a streaming service designed specifically for children’s content. With the global outlook on the streaming service industry being overwhelmingly positive, this might be another lucrative business idea for you.
E-commerce
This isn’t a new idea, but there is still a lot of growth potential in this field. E-commerce sales have been growing constantly over the years, while the pandemic has increased the growth rate significantly. One of the advantages of this business is that you can launch your own e-commerce business from the comfort of your home. Even if you don’t have a particular range of products in mind, you can rely on dropshipping and start your business with products for whose warehousing and shipping you’re not responsible. If things start going well, you could develop your own e-commerce platform or marketplace. With companies like Amazon dominating the market, we recommend focusing on a niche market.
E-book publishing
With the introduction of e-books, many people saw their chance to let the world find out what they have to say on a particular topic. There is a growing market for books published online and one of the reasons is that companies are creating e-books in order to market their brand, while aspiring authors of fiction and non-fiction want to be popular. The revenue generated from e-books has been rising steadily and the trend is expected to last for many more years.
Mobile app development
We’ve already established that every business needs a website, but we should probably add that they will soon also need their own mobile app. This is a great opportunity for those who are familiar with app development to make a decent profit. What’s more, apps are not only for businesses. You could also develop apps for games, utility, content aggregator and more. In a nutshell, there is an endless supply of app ideas.
Social media consultant
You may not be interested in SEO, for example, but if social media are your cup of tea, you can help businesses generate likes, shares, retweets, followers and comments as a social media marketer. You can consult with enterprises to help them manage their profiles, spread content across the web and build their brand. All this can be done from the comfort of your home, which means the startup cost is minimal. However, you need to be good at your job if you want your business to flourish.
These are just some of the ideas for a tech-related business you might use. These mentioned here are expected to remain popular for some time in the future at least, but you shouldn’t be surprised to see something completely unexpected become huge next year. After all, that’s one of the best and most exciting things about working in this industry.
